(Membership Committee: Chair, Colette Hubner, Shelli Cassidy-McIntosh, Doug MacLean & Ian Muncaster)
Hello Members – thanks to all of you who have supported ADAC through the past year! Our committee has been working closely with the Communications Committee in 2021 on some insightful projects. We have surveyed our membership to hear their views on a broad range of issues.
Another endeavour was working to revamp the member benefit offerings. We liaised closely with partners existing and new to bring ADAC members some valuable savings. See below for more information.
Our membership renewal period is rapidly approaching. In Late May 2021, members will receive their renewal package, outlining the benefits for the coming year as well as renewal invoices. We continue to recognize the financial limitations faced by many during these COVID times. Once again, ADAC will offer flexible payment terms, which will be outlined in your renewal package. Thank you all for your continued support to keep our association strong, now and in the future.
New Member Benefits for 2021
We are excited to announce that we have been revamping the member benefit offerings in conjunction with our partners. Look out for your renewal packages in late May which will include all the information you need.
Your investment as a ADAC member gives you access to benefits such as:
- Insurance (Health care for employees, Fine Art Coverage, Commercial Insurance). Insurance has gone up significantly, in some cases 25-50%! There can be significant savings with ADAC programs!
- Discounted advertising with industry publications such as The Art Newspaper, The Globe & Mail
- Discounted online sales platform rates with ArtNet & Artsy
- Discounted subscriptions to Border Crossings & C Magazine
- Shipping discounts of 40%-50% to members for International & Domestic FedEx Shipments with Airstream Express International
- 10% discount with Upper Canada Stretchers
- 15 % discount with Food Dudes in Ontario
- And more to come!
Highlights for Canadian Businesses from the Proposed Federal Budget
- Extended! Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy.
- Historic $4-Billion-dollar investment into a Digital Adoption Program.
- Lowered Credit Card Fees.
- Starting and Scaling up.
- $15-Dollar Federal Minimum Wage.
- YouTube Video from WSJ re NFT
- Art Market Report
- CEBA Deadline June 30th
- CFIB Budget News
- CMA Applauds New Federal Investments in Heritage, Arts, and Museums Sectors
Understanding Economic Nexus
We have had many questions from members asking for information regarding the new Economic Nexus laws governing sales to individual States in the USA. Some members mentioned that shipments were being stopped by US Customs to see if galleries were complying with the new laws and this was delaying the arrival of sold artworks. We reached out to Avalara, a company that specializes in tax compliance and has offices in Toronto. Their website provides a wealth of information on this issue, including a detailed breakdown of each State’s individual Economic Nexus compliance laws, monetary thresholds and transaction thresholds which you can find here.
If you sell artwork to clients in the United States on a regular basis, either through an online platform provider or through your own gallery, we highly recommend reviewing this information and discussing Economic Nexus with your accountant.